Zacks Research Issues Negative Estimate for CBSH Earnings

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for shares of Commerce Bancshares in a research report issued to clients and investors on Tuesday, December 10th. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $0.89 per share for the quarter, down from their prior forecast of $0.91. The consensus estimate for Commerce Bancshares’ current full-year earnings is $3.95 per share. Zacks Research also issued estimates for Commerce Bancshares’ Q2 2025 earnings at $0.95 EPS, Q3 2025 earnings at $0.96 EPS, Q4 2025 earnings at $0.98 EPS, FY2025 earnings at $3.78 EPS, Q1 2026 earnings at $1.01 EPS, Q2 2026 earnings at $0.99 EPS, Q3 2026 earnings at $1.00 EPS and FY2026 earnings at $4.04 EPS.

Other analysts have also issued research reports about the company. Piper Sandler set a $68.50 target price on Commerce Bancshares and gave the stock a “neutral” rating in a report on Friday, October 18th. Keefe, Bruyette & Woods upped their price objective on Commerce Bancshares from $66.00 to $78.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Wells Fargo & Company raised their target price on shares of Commerce Bancshares from $62.00 to $67.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 3rd. Morgan Stanley lowered shares of Commerce Bancshares from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $66.00 to $64.00 in a research report on Monday, September 30th. Finally, StockNews.com raised shares of Commerce Bancshares from a “sell” rating to a “hold” rating in a research report on Friday, October 18th. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $65.07.

Commerce Bancshares Price Performance

Shares of NASDAQ:CBSH opened at $67.53 on Friday. The company’s 50-day moving average price is $66.60 and its two-hundred day moving average price is $61.79. Commerce Bancshares has a one year low of $47.09 and a one year high of $72.75. The stock has a market capitalization of $8.66 billion, a PE ratio of 17.59, a price-to-earnings-growth ratio of 2.95 and a beta of 0.77.

Commerce Bancshares (NASDAQ:CBSH) last announced its quarterly earnings data on Thursday, October 17th. The financial services provider reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.07. The business had revenue of $421.38 million for the quarter, compared to analyst estimates of $412.85 million. Commerce Bancshares had a net margin of 24.15% and a return on equity of 15.93%.

Commerce Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date is Tuesday, December 3rd. Commerce Bancshares’s dividend payout ratio is presently 28.13%.

Insider Buying and Selling

In other Commerce Bancshares news, SVP Patricia R. Kellerhals sold 2,000 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $62.23, for a total value of $124,460.00. Following the transaction, the senior vice president now directly owns 23,381 shares of the company’s stock, valued at $1,454,999.63. This represents a 7.88 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Chairman David W. Kemper sold 30,000 shares of Commerce Bancshares stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $61.78, for a total value of $1,853,400.00. Following the sale, the chairman now directly owns 1,151,994 shares of the company’s stock, valued at $71,170,189.32. This represents a 2.54 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 38,816 shares of company stock valued at $2,454,586. Company insiders own 3.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CBSH. Franklin Resources Inc. bought a new position in shares of Commerce Bancshares in the third quarter worth about $2,861,000. Tidal Investments LLC increased its position in shares of Commerce Bancshares by 13.5% during the third quarter. Tidal Investments LLC now owns 39,040 shares of the financial services provider’s stock worth $2,319,000 after buying an additional 4,654 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Commerce Bancshares during the 3rd quarter worth about $475,000. Sanctuary Advisors LLC increased its holdings in Commerce Bancshares by 35.5% in the third quarter. Sanctuary Advisors LLC now owns 42,924 shares of the financial services provider’s stock worth $2,550,000 after purchasing an additional 11,247 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Commerce Bancshares in the 3rd quarter valued at $566,000. 70.26% of the stock is owned by institutional investors.

About Commerce Bancshares

Commerce Bancshares, Inc operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth.